Goodwill
Energy Transfer Goodwill increased by 2.8% to $5.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.6%, from $3.90B to $5.61B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 17.9% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.39B | $2.40B | $2.53B | $2.53B | $2.55B | $2.55B | $2.57B | $2.57B | $2.56B | $2.56B | $4.02B | $3.89B | $3.91B | $3.91B | $3.90B | $3.90B | $3.90B | $3.90B | $5.45B | $5.61B |
| QoQ Change | — | +0.2% | +5.8% | +0.0% | +0.8% | +0.0% | +0.5% | +0.0% | -0.1% | +0.0% | +56.7% | -3.3% | +0.6% | +0.0% | -0.2% | +0.0% | +0.0% | +0.0% | +39.7% | +2.8% |
| YoY Change | — | — | — | — | +6.8% | +6.6% | +1.3% | +1.3% | +0.4% | +0.4% | +56.6% | +51.5% | +52.5% | +52.5% | -2.9% | +0.4% | -0.2% | -0.2% | +39.7% | +43.6% |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Investment In Sunoco LP | $1.57B | $1.60B | $1.60B | $1.48B | $3.03B |
| NG Landrefinedproductstransportationandservices | $693.00M | $693.00M | $884.00M | $886.00M | $886.00M |
| Crudeoiltransportationandservices | $190.00M | $190.00M | $853.00M | $841.00M | $841.00M |
| Midstream | $0.00 | $0.00 | $601.00M | $617.00M | $617.00M |
| All Other Segments | $82.00M | $82.00M | $82.00M | $82.00M | $82.00M |
| Interstate Transportation And Storage | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Intrastate Transportation And Storage | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Investment In USAC | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total | $2.53B | $2.57B | $4.02B | $3.90B | $5.45B |
All Other Segments, Crudeoiltransportationandservices, Interstate Transportation And Storage, Intrastate Transportation And Storage, Investment In Sunoco LP, Investment In USAC, Midstream, NG Landrefinedproductstransportationandservices were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Energy Transfer's goodwill?
- Energy Transfer (ET) reported goodwill of $5.61B in Q1 2026.
- How has Energy Transfer's goodwill changed year-over-year?
- Energy Transfer's goodwill increased by 43.6% year-over-year, from $3.90B to $5.61B.
- What is the long-term trend for Energy Transfer's goodwill?
- Over 5 years (2020 to 2025), Energy Transfer's goodwill has grown at a 17.9% compound annual growth rate (CAGR), from $2.39B to $5.45B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.